Asset Class · 04 · 4orm-Native
Project milestones · tokenized construction payouts
Smart-contract-defined construction checkpoints. Each milestone is a token whose release condition is multi-signature attestation by geotech, engineer, superintendent, and client. Final signature triggers 24-hour (typically minute-scale) payout in tokenized CAD. Solves the 60–90 day net-terms problem strangling Canadian subtrades.
Active projects12▲ 3 · 30d
Milestones paid · 30d47C$ 18.4M
Median payout time11 minvs 60–90 days legacy
Active projects on the rail
| Project | Token | Developer | Total value | Stage | Last payout |
|---|---|---|---|---|---|
| Calgary 40-unit InfillMission · 4 stories | tPMS-CGY40 | Stride Developments | C$ 21.0M | Milestone 03 · framing | May 09 · C$ 2.1M |
| Edmonton Mixed-Use TowerWhyte Ave · 24 stories | tPMS-EDM24 | Beljan Development | C$ 96.0M | Milestone 02 · foundation | May 06 · C$ 8.4M |
| Vancouver Laneway · Phase II14 units · 3 sites | tPMS-VAN14 | Smallworks | C$ 4.2M | Milestone 04 · mechanical | May 18 · C$ 0.6M |
| Saskatoon Industrial ParkBay 1 · 60,000 sq ft | tPMS-SKN60 | Westcorp Industrial | C$ 18.4M | Milestone 05 · finishing | May 21 · C$ 3.2M |
| Halifax Waterfront · Block CMixed retail/resi · 12 stories | tPMS-HFX12 | Atlantic Land Co. | C$ 44.0M | Milestone 01 · groundwork | May 02 · C$ 4.4M |
How a milestone settles
01
Contractor completes scope
02
Geotech / engineer / super / client sign on-chain
03
Smart contract verifies signature quorum
04
Tokenized CAD payout (QCAD / tRBCD / tTDD)
05
Audit anchor + lender draw release
Regulatory framing
Token type
Non-fungible · scope-bound
Settlement asset
QCAD / tRBCD / tTDD
Signature quorum
4-of-4 (configurable)
Lender integration
Auto-draw on milestone
Audit trail
Court-admissible